Category: Delhi

HotSummer@Work 2024 Survey from The Office Pass reveals the impact of heat on the workforce.

June 19, 2024

  Over 80% of the workforce prefers flexible working locations instead of conventional offices Wearing smart casuals and eating healthy and hydrating foods are preferred over tight formal and unhealthy food options, respectively Switching to seasonal foods, salads and fresh juices is seen as a means to tackle rising temperatures   New Delhi, 19th June, […]

HotSummer@Work 2024 Survey from The Office Pass reveals the impact of heat on the workforce.more

Delhi High Court denies PIL asking for orders to demolish purportedly unlawful building.

NEW DELHI: The Delhi High Court dismissed a PIL seeking an order to demolish alleged illegal and unlicensed building being carried out in the Okhla Industrial area, with costs of Rs 25,000. The court reasoned that the plea was filed without conducting sufficient research. The authority’s attorney informed the high court that the owner of […]

Delhi High Court denies PIL asking for orders to demolish purportedly unlawful building.more

Future Prospects: How Dwarka Expressway is Shaping Up as India’s Next Business Hub.

June 16, 2024

Mr. Aman Sharma, Managing Director of Aarize Group In the thriving commercial real estate dynamics of Delhi-NCR, Dwarka Expressway has evolved as a hot-button name, catching the attention of both investors and property buyers. In the growth story of Gurugram’s development, this 29-km-long stretch has set a significant milestone in fueling the economic growth of […]

Future Prospects: How Dwarka Expressway is Shaping Up as India’s Next Business Hub.more

In July 2024, Sebi will put 22 properties owned by seven corporations up for auction.

June 13, 2024

NEW DELHI: To recoup funds that were improperly taken from investors, market regulator Sebi announced on Monday that it has scheduled 22 properties belonging to seven companies, including the Pailan Group, Vibgyor Group, and GBC Industrial Corp group, for auction on July 8. Teachers’ Welfare Credit and Holding Group, Annex Infrastructure India Ltd., Waris Group, […]

In July 2024, Sebi will put 22 properties owned by seven corporations up for auction.more

The Delhi civic authority will no longer accept checks for the payment of property taxes as of July 1.

June 7, 2024

NEW DELHI: Due to the problem of unpaid checks, the Municipal Corporation of Delhi (MCD) announced on Wednesday that it will stop accepting property tax payments by check as of July 1. According to a statement from the civic authority, property taxes would need to be paid digitally starting next month via UPI, wallets, demand […]

The Delhi civic authority will no longer accept checks for the payment of property taxes as of July 1.more

Madhur Gupta Joins Hero Realty as CEO.

May 27, 2024

Brings Transformative Leadership to Hero Realty Pvt Ltd New Delhi, May 24, 2024: Hero Realty Pvt Ltd (HRPL) has announced the joining of Mr Madhur Gupta as its new Chief Executive Officer. With an illustrious career spanning over three decades, Mr Gupta brings a wealth of experience and a track record of transformative leadership to […]

Madhur Gupta Joins Hero Realty as CEO.more
Investment

Max Estates announces strategic investment of INR 388 Crore from New York Life Insurance Company.

May 20, 2024

Max Estates to use proceeds for expanding in the high growth residential market for fuelling residential growth 01st May 2024, New Delhi: Max Estates Limited, the real estate arm of the Max Group, today announced a strategic investment of INR 388 Crore from New York Life Insurance Company, America’s largest mutual life insurer[1]. Upon the transaction’s close, New […]

Max Estates announces strategic investment of INR 388 Crore from New York Life Insurance Company.more
Housing ICRA predicts overall real estate inventory to decrease by 40-60%.

In Q4 FY24, LIC Housing Finance’s net profit decreases by 9.14%.

May 18, 2024

NEW DELHI: A 9.14% decrease in net consolidated profit was recorded by LIC Housing Finance for the quarter that concluded on March 31, 2024. In Q4 FY24, the company’s profit after tax was Rs 1,082.06 crore, compared to Rs 1,190.88 crore in the same quarter of the previous fiscal year, according to a BSE filing. […]

In Q4 FY24, LIC Housing Finance’s net profit decreases by 9.14%.more
Home loan

Last two years have seen an increase in home loan outstanding of Rs 10 lakh crore: RBI data – ET RealEstate

May 8, 2024

NEW DELHI: According to RBI data on “Sectoral Deployment of Bank Credit,” credit outstanding to the housing industry increased by around Rs 10 lakh crore over the previous two fiscal years to reach a record Rs 27.23 lakh crore in March of this year. This increase in outstanding home credit was ascribed by real estate […]

Last two years have seen an increase in home loan outstanding of Rs 10 lakh crore: RBI data – ET RealEstatemore
Delhi High Court

No PMLA property attachment following a planned offense conviction: Delhi High Court

May 3, 2024

The Delhi High Court has ruled that, even in cases where an appeal against the accused’s acquittal in the predicate offence is still pending, no actions taken under the Prevention of Money Laundering Act (PMLA), including the attachment of properties, may proceed after the accused is found not guilty. In a ruling made public on […]

No PMLA property attachment following a planned offense conviction: Delhi High Courtmore